New Jersey Infrastructure Bank

09/03/2025 | Press release | Archived content

Newark Peddie CSO Improvements

NJIB »NEWS »NEWARK PEDDIE CSO IMPROVEMENTS

NJWB September 3rd, 2025

NEWARK PEDDIE CSO IMPROVEMENTS

The City of Newark closes on a $4,127,709 Water Bank Loan that qualifies for 100% principal forgiveness, saving ratepayers the total cost of the project.

NJ I-Bank and NJDEP Helping to Improve New Jersey's Infrastructure, One Project at a Time

The City of Newark recently completed CSO improvements that are being financed with approximately $4.1 million in loans from the NJ Water Bank, a low-rate funding program jointly administered by the DEP and the New Jersey Infrastructure Bank ("I-Bank"). Because this project addresses CSO issues and meets the affordability criteria, it qualified for 100% principal forgiveness. As a result, the city is expected to save the full cost of the project compared to financing it independently. Additionally, the project is estimated to have generated 49 direct one-year construction jobs.

The project involves the planning, design, and construction of a floatables control netting facility at the Peddie Combined Sewer Overflow (CSO) site, replacing the existing floating pontoon structure originally installed as part of a U.S. EPA demonstration project. This upgrade is necessary to prevent solids and floatables from bypassing the Peddie CSO. The new, more robust facility will offer improved durability, easier maintenance, and a longer service life.

According to Ras Baraka, Mayor of the City of Newark, "This investment at the Peddie CSO site is a critical step toward protecting our local waterways and ensuring the reliability of our infrastructure. We're not only preventing harmful debris from entering our rivers but also creating a system that's built to last. This project reflects our commitment to environmental stewardship and to maintaining clean, healthy communities for generations to come. I'd like to recognize our Department of Water and Sewer Utilities for identifying the potential for savings and capitalizing on it. I thank the NJDEP, and the I-Bank for their partnership and support in helping us deliver lasting value to our community."

This project was designed by in-house staff at the Newark Department of Water and Sewer Utilities, and Arcadis US Inc. and constructed by Coppola Services, Inc.

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All2025 NJWBClean Water Project NJWBCSO Mitigation NJWBNJDEP NJWBPrincipal Forgiveness NJWBProject of the Week

For more information, contact the New Jersey Infrastructure Bank at (609) 219-8600.

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New Jersey Infrastructure Bank published this content on September 03, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 23, 2025 at 16:45 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]